Alliancebernstein L.P. lifted its stake in INTL FCStone (NASDAQ:INTL) by 246.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 66,860 shares of the financial services provider’s stock after buying an additional 47,550 shares during the period. Alliancebernstein L.P.’s holdings in INTL FCStone were worth $2,844,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in INTL. Shell Asset Management Co. bought a new stake in shares of INTL FCStone in the fourth quarter valued at about $15,503,000. BlackRock Inc. increased its holdings in shares of INTL FCStone by 1.8% during the fourth quarter. BlackRock Inc. now owns 2,090,868 shares of the financial services provider’s stock worth $88,925,000 after buying an additional 36,725 shares in the last quarter. Bogle Investment Management L P DE acquired a new stake in shares of INTL FCStone during the fourth quarter worth approximately $1,359,000. Wells Fargo & Company MN increased its holdings in shares of INTL FCStone by 68.6% during the third quarter. Wells Fargo & Company MN now owns 69,053 shares of the financial services provider’s stock worth $2,646,000 after buying an additional 28,098 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in shares of INTL FCStone by 222.4% during the fourth quarter. Arizona State Retirement System now owns 26,115 shares of the financial services provider’s stock worth $1,111,000 after buying an additional 18,015 shares in the last quarter. Institutional investors and hedge funds own 68.12% of the company’s stock.
NASDAQ INTL opened at $43.55 on Friday. The company has a market cap of $812.01, a PE ratio of 57.45 and a beta of 1.68. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.45 and a quick ratio of 0.95. INTL FCStone has a 1-year low of $33.11 and a 1-year high of $46.96.
INTL FCStone (NASDAQ:INTL) last posted its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $0.78 earnings per share for the quarter. The company had revenue of $130.30 million during the quarter. INTL FCStone had a negative net margin of 0.02% and a positive return on equity of 3.32%.
Several research firms have recently weighed in on INTL. BidaskClub lowered shares of INTL FCStone from a “buy” rating to a “hold” rating in a report on Wednesday, March 28th. TheStreet lowered shares of INTL FCStone from a “b” rating to a “c” rating in a report on Thursday, December 14th.
In other news, CFO William J. Dunaway sold 750 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $46.37, for a total transaction of $34,777.50. Following the completion of the sale, the chief financial officer now owns 34,558 shares of the company’s stock, valued at $1,602,454.46. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Scott J. Branch sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $43.12, for a total transaction of $2,156,000.00. Following the sale, the director now directly owns 641,410 shares of the company’s stock, valued at approximately $27,657,599.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 63,750 shares of company stock valued at $2,766,918. Company insiders own 20.48% of the company’s stock.
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INTL FCStone Company Profile
INTL FCStone Inc operates as a financial services company worldwide. The company's Commercial Hedging segment offers risk management consulting services related to agricultural and energy commodities, and base metal products listed on the London Metals Exchange. Its Global Payments segment provides payment solutions to banks and commercial businesses; and charities and non-governmental organizations, and government organizations.
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